Category Archives: e-commerce

A cryptocurrency exchange in South Korea collapsed on Tuesday after it suffered a second cyberattack in eight months and lost a large amount of its digital-currency reserves. This spooked Asian investors who sold Bitcoin (and other cryptos). As The Wall Street Journal reports, Yapian, the company that operates a Seoul-based exchange called Youbit, suspended digital-currency […]

Authored by Eugene Etsebeth via CoinDesk.com, Behind closed doors, G7 central banks are sluggish traders that buy and sell the same foreign currencies, marketable securities, special drawing rights (SDR) and gold day in and day out. Central bank traders follow the investment policy enforced by the executive committees with specific asset allocation targets. In order […]

Despite daily affirmations from the White House that “everything is awesome” with the economy, 2017 has been a miserable year for retailers. As Reorg First Day points out, over 30 retailers, with debt aggregating into the billions of dollars, have filed for bankruptcy so far this year… After Shiekh Shoes’ filing today, at least 30 […]

Amazon delivery drivers in the UK are asked to deliver up to 200 packages a day while earning less than minimum wage for agencies contracted by Amazon. The drivers reportedly have to keep schedules so tight they are forced to skip rest breaks and urinate in bottles, according to an investigation by UK’s Sunday Mirror. […]

Former Texas Representative Ron Paul conducted an online survey on December 6, 2017, which showed that a majority of the respondents would choose a cash ‘gift’ in the form of the leading cryptocurrency Bitcoin if they could not get hold of it for 10 years. Only 2% of the respondents opted to receive the gift in US dollars. […]

Update: as @MillionsBitcoin points out…. NiceHash wondering where your stolen bitcoins are? Here they are4736 $btc stolen$usd Value: 62,729,994#bitcoin #BTC #NiceHash #bitcoinmining #Hacked pic.twitter.com/1Ajh7lDAo0 — Bitcoin Millionaire (@MillionsBitcoin) December 6, 2017 … the total amount of bitcoins stolen from Nice Hash is 4736, or just over $62 million, and they have ended up at the […]

If it were a competition, BnkToTheFuture would be a shoo-in for “most meta business plan” of 2017. To wit, the company is building a blockchain-based trading system for selling and trading stakes in blockchain companies in a play to capture a subset of investors who are growing increasingly wary of the sketchy ICO market. A […]

The price of the largest cryptocurrency soared 16% over the weekend, bursting through $8,000 and $9,000 at a record pace and nearing the Maginot Line so many predicted at $10,000. image courtesy of CoinTelegraph $0000 – $1000: 1789 days$1000- $2000: 1271 days$2000- $3000: 23 days$3000- $4000: 62 days$4000- $5000: 61 days$5000- $6000: 8 days$6000- $7000: […]

It has been an odd year for retail: with an estimated 6,000 store closures, and 65,000 fewer retail jobs than at the start of the year, many have said shorting retail, and especially malls, is the next “big short” trade. Indeed, one look at the performance of the mall heavy CMBX 6 BBB- tranche confirms […]